Chinese demand helps shrink June trade deficit
Australia's trade deficit narrowed in June as demand from countries such as China lifted the value of goods sent overseas, government figures have shown.
Narrowing trade deficit in June good signs for economic recovery
The trade deficit was a seasonally-adjusted $441m in June, down from $737m in May as the value of exports exceeded imports, the Australian Bureau of Statistics said yesterday.
Seasonally-adjusted exports rose 2% from May to $20.4m, while imports were virtually...
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